 Whats Better for credit scores? |
| I paid off my balance today and iam wondering if carrying a balance or paying off your balance is better for your credit ... |
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 How to get a loan if your credit history is bad? |
| I want to buy a property or mobile home, sell my property first but need a loan, mortage how can i apply if My credit is bad and who to go to who is reputable UK ... |
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 Should I...? |
| Should I...pay off both my credit cards a little at a time, at the same time, or pay one off, then the other? Which is better for my credit?... |
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 Is Walmart open on New Years? |
| I've looked around and couldn't find any answers. I was hopeing one of you guys might know.... |
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 Im feeling so helpless lately, borderline suicidal...? |
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 Does anyone know of any website that you can get a free credit report? |
| no not creditreport.com they say its free but you have to put in your debit card information..and um no..im trying to look for a website that you can actually do it free the first time or something ... |
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 I want to buy a home. I need help!? |
| I need any loop holes to get a loan even with bad credit. My credit score is between 449-508 only a year ago it was 657! What do I do? i need a mortgage loan for $185,000. Help!... |
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| I was starting a loan file with them and I was curious to see if anyone has worked with this company before.... |
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 Why do people go in debt? where do they spend all there money? |
| is just that im asking because im very young and want to know that how and what takes peoples money i know for sure that i dont go spending money around so why do alot of people end up in debt it s ... |
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 Paying my credit card in full is good or bad? |
I am trying to rebuild my credit. I just got a hsbc secured card and I would like to ask a question.
I found out that my billing cycle is on every 14th of the month.
Lets say I ... |
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 I owe $3000 and I have a detective calling me with threats? |
Is this a real police officer? He sure sounds mean enough.
Can he arrest me? I'm trying to pay but money is tight. I don't want to lose my job.
What should I ask ... |
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 Just paid off my credit card... and I'm looking for new ideas of what to spend my new credit on... any ideas? |
Additional Details
Okay, I wasn't looking for a lecture, common people be creative... I've got $15,000 of money that I didn't even earn!! what should I do?!!!... |
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 Stole my moms credit card.? |
| and bought $47 worth of World of Warcraft gold and im also using it to pay for my World of Warcraft account which is $15 a month....is it really wrong to do that?... |
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cvhiew8873 | How do i increase my credit score? |
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Joseph, II
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Pay your bills early. Don't miss payments. Don't max out your Credit cards... & keep your debt down. Do all of this- & you won't even NEED a good credit score. Credit is for people whose eyes are bigger than their wallets. |
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Idunno
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You're might get a lot of very bad advice here.
Some people may tell you a correct answer, but many people will give you bad advice like "pay off your credit cards in full each month" and "close all accounts you don't use". These are examples of bad advice if you want to raise your credit score.
Your credit score actually increases rises faster if you pay your bills on time, pay more than the minimum payment, and KEEP A ROTATING BALANCE EACH MONTH. That means don't pay off the entire balance every month. At least not until you are happy with your credit score.
Also the longer you keep an account open, the higher your score will be because it counts toward your length of credit history.
If you want good advice, go to one of the three credit bureaus in the United States. Go to www.equifax.com or www.transunion.com or www.experian.com and read their info on how to raise your credit score.
Trust me, my credit score is currently 810 out of 850. |
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Ed Nailor
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If you don't have a credit card get one anduse it properly. Here's how to use it most effectively!
The best way to make your scores improve is to keep the balance of your credit cards low in relation to your higher limit. In other words, with a $1,000 credit limit, you should carry no more than $100 in balance to optimize your score.
Paying off the account provides no activity for your scores to be calculated. Closing the account may very well make your overall debt ratio higher and bring your score down.
The best way to use a credit card is to do the following:
Start off each month by making one small charge. This could be a tank of gas, date night with your spouse, or your monthly gym membership fees. Once you make that charge, put the card away! (When your card is not in your wallet or purse, you are less tempted by those "emergencies" such as that shirt on sale!)
When your bill arrives in the mail, pay it off completely. Each month use the card again. By using this technique you should only spend $30-40 each month. And each month as your bill comes in, pay it off completely.
The $30-40 balance will be reported to your credit report and paying it in full will eliminate any finance charges. Altogether, this low balance on a higher limit shows that you know how to use credit and that you are not living on credit! This will boost your scores (and save you cash!)
(c) 2006 http://www.bestnewcreditcards.com |
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kvuo
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why do you want to increase your credit score? do you even know? |
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giovanni9686
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Pay off your debts. |
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ThereseRose
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Pay off your credit cards and other loans asap. Make sure you make your monthly payments on time, do not miss a payment and make your payment way more than the minimum monthly payment. I learned this from personal experience. |
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jacksaw
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pay off in time, and always select best companies while applying for loan next time |
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lookin
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Make sure you're paying your bills on time (and in full when possible). If you're in debt, start spending more wisely (i.e within your means) to get out of it. Be determined. Good Luck!
This is an excellent article that answers your exact question: http://www.oprah.com/download/pdfs/money/money_fico.pdf
Oprah did a entire series on this and brought in professionals to assemble advice!!!! |
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